According to Warner Music Group, negotiations between them and video sharing giant YouTube have broken down, and the group has removed all their music videos from the site.
Currently each of the Big 4 labels are renegotiating their licensing deals with YouTube.
“We are working actively to find a resolution with YouTube that would enable the return of our artists’ content to the site,” Warner noted. “Until then, we simply cannot accept terms that fail to appropriately and fairly compensate recording artists, songwriters, labels and publishers for the value they provide.”
Earlier this week, Universal Music noted that YouTube had become a strong revenue stream for the studio, and that it “has generated ‘tens of millions’ of dollars for the recording company this year, up 80 percent from last year.” Universal hopes to add more content to YouTube soon, likely full length feature films.
“If we can’t reach acceptable business terms, we must part ways with successful partners,” Google (owner of YouTube) added. “For example, you may notice videos that contain music owned by Warner Music Group being blocked from the site.”
Result for: full length feature films
Joost Inc. revealed on Tuesday its new flash-based video service on joost.com. Unlike past efforts from Joost, there is no software that requires installation exclusively for Joost, only a typical flash plug-in, just like other video sharing sites. “People have always relied on their friends’ recommendations to figure out which movies they want to watch, or talked about their favorite TV shows and moments with friends and colleagues – and now Joost has combined those real-life experiences in one online destination,” said Mike Volpi, CEO, Joost.
Volpi continued: “Our integrated social tools make it easier than ever for people to find the shows, film and music they want to watch, and to form communities around that content, which ultimately enriches their overall experience.” In addition, Joost features a number of social tools which are designed to help people navigate through the largest online library of legal video programming and to integrate user expression directly into the service.
Users can interact with video and with other people on Joost: they can voice their opinions about video through comments, “shouts” or tags; they can find out what their friends are watching by adding friends through most major online webmail services via the Friends section; or they may interact with others in the Joost community through groups around their favorite shows, characters or artists.
Joost has more than 46,000 professionally-produced videos for a total of more than 8,000 hours of video entertainment. Some of Joost’s partners include CBS (Entertainment, News and Sports, and classic library content), Showtime, Last.fm, Wallstrip, Moblogic; Viacom, including Atom, BET, CMT, Comedy Central, LOGO, MTV, The N, Nickelodeon, Spike and VH1 programming; television series and full-length feature films from Sony Pictures Television; and the Warner Bros. Television Group.
